COMMERZBANK AG (London Branch) - Pre Stabilisation - Fraport EUR Tap and new 7yr
London, March 25
25 March 2021
Not for distribution, directly or indirectly, in or into the United States or any jurisdiction in which such distribution would be unlawful.
Fraport AG Frankfurt Airport Services Worldwide
EUR Benchmark Fixed Rate Notes due 31 March 2028
EUR 200mil(exp) increase of 1.625% Notes due 09 July 2024
Commerzbank AG (contact: Ian Turner; telephone: +44 207 475 1817) hereby announces, as Stabilisation Coordinator, that the Stabilising Managers named below may stabilise the offer of the following securities in accordance with Commission Delegated Regulation (EU) 2016/1052 under the Market Abuse Regulation (EU Regulation 596/2014).
|The security to be stabilised:|
|Issuer:||Fraport AG Frankfurt Airport Services Worldwide|
|Guarantor (if any):||n/a|
|Aggregate nominal amount:||EUR Benchmark Notes due 31 March 2028|
EUR 200mil(exp) Notes due 09 July 2024
|Description:||Fixed Rate Notes due 31 March 2028|
Increase of 1.625% Notes due 09 July 2024
|Other offer terms:||payment date 31 March 2021, denoms 1k/1k, listing Luxembourg, 3mth par call, tax call. Non Rated|
DZ Bank AG
|Stabilisation period expected to start on:||25 March 2021|
|Stabilisation period expected to end on:||no later than 30 days after the proposed issue date of the securities|
|Existence, maximum size and conditions of use of over-allotment facility.||The Stabilising Managers may over-allot the securities to the extent permitted in accordance with applicable law.|
|Stabilisation trading venue:||Luxembourg Stock Exchange, Regulated Market|
In connection with the offer of the above securities, the Stabilising Manager(s) may over-allot the securities or effect transactions with a view to supporting the market price of the securities during the stabilisation period at a level higher than that which might otherwise prevail. However, stabilisation may not necessarily occur and any stabilisation action, if begun, may cease at any time Any stabilisation action or over-allotment shall be conducted in accordance with all applicable laws and rules.
This announcement is for information purposes only and does not constitute an invitation or offer to underwrite, subscribe for or otherwise acquire or dispose of any securities of the Issuer in any jurisdiction.
This announcement is not for distribution, directly or indirectly, in or into the United States or any other jurisdiction in which such distribution would be unlawful.